Bank of England’s meeting

09:37 13.12.2017

The Bank of England’s Monetary Policy Committee will announce its interest rate decision at 14:00 MT time on December 14.

Central bank policy is the major driver of the British pound’s exchange rates. The central bank’s statement and meeting minutes will shape the market’s expectations about further actions of the regulator.

The impact on GBP currency pairs is going to be sizeable. It will be a day for active traders!

On Wednesday, China posted shockingly weaker surge in retail sales as well as industrial output for April, thus increasing pressure on the Chinese cabinet to roll out more stimulus because the trade conflict with America escalates…

In April, American import prices surged less than anticipated in April due to the fact that jumps in the cost of food and petroleum were tamed by the largest tumble in the price of capital goods for a decade, dropping a hint at the fact that inflation…